Looks like Qualcomm, the company responsible for the cherished Snapdragon and not-so-cherished MSM7200, is having a bit of a press event today.

While the prospect of 1.5 GHz dual-core processors in our smartphones remains a tantalizing one, the news that we’ll have to wait for what looks like it could be another 12 months is enough to dampen our spirits. Still, we should be seeing the 1.2 GHz dual-core MSM8X60 some time in early 2011, even though that itself is still quite a wait.